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Real Estate & Property Law

: Law of the Land

New York Court of Appeals Holds That Tools Are Not Fixtures for Purposes of Condemnation Valuation

By Patty Salkin

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The New York Court of Appeals unanimously overturned the courts below in a case where a claimant, whose property had been taken by eminent domain, sought to be paid by the City for all the standard industrial tools that he used in the woodworking shop that he operated on the premises. Under New York condemnation [...]

Full post as published by Law of the Land on November 01, 2008 (boomark / email).

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